Darden Restaurants Falls on Results; Stitch Fix Down on Forecast | Stock Movers
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- Darden Restaurants (DRI) shares are lower after reporting first quarter results. It posted higher 1Q sales, but profits slipped and expenses increased. - MGM Resorts (MGM) shares are lower after Barry Diller’s People Inc. dropped plans to acquire the rest of the casino giant. - Stitch Fix (SFIX) shares are falling after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected. The company also reported loss per share from continuing operations for the fourth quarter of 2.0c. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple
Tags: Alexis Christoforous, Buyout, Casino, Darden Restaurants Inc., Economy, Food, Forecast, Hotel, Investing, MGM Resorts International, Markets, Paul Sweeney, Restaurants, Results, Stitch Fix, Stock Movers, Tom Keene, acquisition, apparel, casual
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